A Bankers perspective to your Balance Sheet (III)

In continuation to my earlier posts, this one shall be my conclusion:

4.  Do it the right way:

Our nation has been changing. With present government’s inclination in interlinking all the trade transactions to digital platforms in some way or the other, the way of doing business has changed drastically.

There have been changes in the tax law regimes and the methodology of analyzing various business transactions, which are having a strong impact on every business community. The bankers now are aware of the old tricks which lenders used to deceive them with.

It’s time we stop underestimating the knowledge, power and rights of the lending institutions and start doing the business it’s right away. To survive in long-term, it’s necessary the businessmen and professionals accept the changes and adopt accordingly.

Conclusion: For underwriting any loan, a banker considers various aspects in their assessment and appraisal. Evaluation of financial statements is not the only factor for interpretation of any business or its performance, but it is one of the most important and critical consideration for many institutions.

Thus, it becomes necessary that we equip ourselves and draft a strong story for its audience.

Link to my earlier posts:

1. Part I

2. Part II